I have had various loans and would like to find out the best way to see if I am due any money back .All loans were from the clydesdale bank.
System of Law: Scots
Thank you for your question.Assuming this is for recovery of loan protection insurance otherwise known as payment protection insurance you have to establish that you were mis sold the product and that it was no use to you, such as you were self employed as opposed to employed.You can write to the bank directly and indicate that you consider that you have a claim for mis sold insurance products.Alternatively there are online many companies who offer to do this for you on a no win no fee basis but if they are successful they will charge you around 25% of the sum recovered.I hope this helps. Please leave a positive response so that I am credited for my time.
Can I expect the bank to deal with this fairly.
All of the banks have set up specialised units to deal with these claims of which there are many. So the bank has a criteria that it applies in assessing a claim and the criteria applies across the board. On that basis one would like to think that the bank would act fairly in all cases. If they reject your claim at first instance there will be a review process.Can I recommend that you look at the following website which will help you :www.financial-ombudsman.org.uk/publications/technical_notes/ppi.html
27 years as a practising solicitor.
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